SEOUL, Nov. 21 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled the Samsung Gauss2, the second generation of its generative artificial intelligence (AI) model, at an annual tech conference. During a keynote address of the online Samsung Developer Conference Korea 2024, the company highlighted the improved performance, efficiency and various application possibilities of its [...]
SEOUL, Nov. 12 (Korea Bizwire) — LG Electronics Inc. CEO Cho Joo-wan has met with Jim Keller, CEO of U.S. artificial intelligence (AI) chip startup Tenstorrent, to explore expanding their partnership in the fast-growing AI chip industry, the Korean company said Tuesday. During the meeting in Seoul, the two leaders discussed collaboration opportunities in next-generation [...]
SEOUL, Nov. 11 (Korea Bizwire) — South Korean tech giant Naver Corp. said Monday it will integrate its self-developed artificial intelligence (AI) technology into its major services, including its search platform and shopping application. Naver unveiled its so-called “On-Service AI” plan aimed at enhancing its major services with the cutting-edge technology at its tech conference, [...]
BUSAN, Nov. 6 (Korea Bizwire) – In a significant upgrade to its municipal services, the city of Busan announced on November 5 the launch of Finding All, a new citizen-participation platform that combines blockchain and artificial intelligence technologies to streamline the process of locating lost items. The platform emerged from Busan’s Blockchain Specialized Cluster Creation Project, [...]
SEOUL, Nov. 5 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, on Tuesday showcased the world’s first artificial intelligence IPTV that supports advanced 8K resolution. The Korean company’s new Genie TV set-top box will support 8K resolution, the highest resolution standard for content creation, to upgrade the viewing experience for its users, [...]
SEOUL, Nov. 5 (Korea Bizwire) – A recent survey has revealed that an overwhelming majority of South Korean small and medium-sized enterprises (SMEs) have yet to embrace artificial intelligence technology, highlighting a significant digital divide in the country’s business landscape. According to the results of a recent survey released on November 4 by the Korea Federation [...]
SEOUL, Nov. 4 (Korea Bizwire) — SK Telecom Co., the telecommunications arm of SK Group, will push to create an artificial intelligence (AI) data center hub for the Asia-Pacific region in South Korea, its chief executive said Monday. SK Telecom CEO Ryu Young-sang outlined the vision, dubbed the “AI infrastructure superhighway,” centered on creating comprehensive [...]
SEOUL, Oct. 31 (Korea Bizwire) – LG Electronics is entering the modular housing market with its new LG Smart Cottage, a compact dwelling that integrates artificial intelligence-enabled appliances with advanced heating, ventilation, and air conditioning (HVAC) technology. The South Korean technology giant announced on October 30 that it has launched a dedicated website for the Smart [...]
SEOUL, Oct. 28 (Korea Bizwire) – Naver is building substantial technological expertise in spatial intelligence, a field emerging as the next frontier beyond artificial intelligence (AI). According to ICT industry sources on October 27, Naver Labs, the company’s technology research subsidiary, has accumulated 521 patents in spatial intelligence since its establishment in 2017. These patents cover [...]
SEOUL, Oct. 25 (Korea Bizwire) – SK Hynix reported its highest-ever quarterly revenue and a dramatic return to profitability in the third quarter, driven by surging demand for artificial intelligence memory chips. The South Korean memory chip maker announced on October 24 that its revenue jumped 93.8% year-over-year to 17.57 trillion won in the July-September period, [...]